Legal-Bay Announces New NFL Concussion Funding Program with Reduced Funding Rates
Lawsuitssettlementfunding.com, a Lawsuit Cash Advance Firm, says that as delays in payments increase, more ex-players are seeking advances and Legal-Bay is accommodating them with the most competitive rates industry wide as the landmark NFL concussion settlement moves forward.
PHILADELPHIA, June 1, 2016 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company which operates lawsuitssettlementfunding.com, announced today their new NFL Concussion funding program with reduced rates in the 1% per month range.
Although the landmark settlement has now moved on to the next phase of settlement, Legal-Bay predicts even more delays until payments are actually reached. As retired players are desperately needing funds to survive, Legal-Bay has seen a dramatic increase in NFL Concussion Funding applications over the last month. Many funding firms have denied funding for many players since the NFL – in the revised settlement – can appeal any proposed awards. This fact leads Legal-Bay to believe that not only will funding be tough for marginal cases not showing clear head trauma, but that ultimate payments could take months if not years.
Legal-Bay and its investors have been one of the original funding sources of NFL cases since the suit originated, and they will continue to fund both small and large cases. Ex-players and law firms can contact Legal-Bay and expect pricing on NFL cases to be in the 2.5% per month range; while on some cases and in certain jurisdictions, Legal-Bay's investors have been able to provide and fund large cases in excess of $300K at more traditional lawsuit loan rates in the range of 1.5% monthly.
Chris Janish, CEO of Legal-Bay, commented on the new program, "It is with great pleasure that we are now able to offer a new funding program for NFL Concussion Settlement Funding, with rates structured more like a traditional lawsuit loan based on the jurisdiction. Law firms looking to help their clients and ex-players seeking larger sums of money can turn to Legal-Bay with confidence, knowing that they are getting the most competitive rates in the market. If a player has been turned down or your funding contract was simply too expensive to accept, then Legal-Bay is just a call away."
To apply right now, call Legal-Bay's 24-hour toll-free hotline at 877.571.0405 where agents are standing by. Or, you may apply online, at: http://lawsuitssettlementfunding.com/nfl-concussion-settlement-funding.php
The NFL agreed to settle the concussion lawsuit for close to $1 billion over time, which was brought against them by approximately 5,000 retired players who alleged that the NFL hid the dangers and risks of concussions. Legal-Bay, the leading NFL Concussion Funding firm, has secured millions of dollars to assist any retired players who are in need of lawsuit money or a lawsuit cash advance prior to receiving their ultimate settlement check.
Legal-Bay is currently prepared to provide up to $500K on pre-settlement lawsuit cash on serious injury NFL concussion cases. The cash advances are on a non-recourse basis, meaning the plaintiff only needs to repay the advance if the case is successful. Legal-Bay does not buy the full claim; they only advance a portion of the expected settlement amount. Any fees or expenses accrued on the advance will be repaid by the plaintiff's lawyer if and when the case is officially settled and paid.
Legal-Bay's programs are non-recourse lawsuit cash advances, also known as case funding. None of the programs should be considered to be a lawsuit loan, lawsuit loans, settlement loans, settlement loan, pre-settlement loans, or a pre-settlement loan.
If you, or a loved one, have been victimized by an employment dispute, whether it be an NFL concussion, a wrongful termination, sexual harassment, sexual abuse, race discrimination, American with Disabilities, Age Discrimination, or are involved in whistleblower or Qui Tam Suits and need a lawsuit cash advance while you wait for your settlement award, feel free to call Legal-Bay on its toll-free hotline right now, where agents are standing by to assist you, at: 877.571.0405.
You may also apply online at: http://lawsuitssettlementfunding.com and an agent will respond to your request shortly.
Legal-Bay LLC (and their related companies) is not a law firm and cannot provide legal advice on your case, however, Legal-Bay works with lawyers involved in mass tort litigations who can provide you with a free legal consultation at the consumer's direction.
Contact: Patty Kirby, Head of Sales
Ph. 877.571.0405 Email [email protected]
SOURCE Legal-Bay LLC
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